Take a new file of 1280 pixels, 1024 pixels, of resolution 72 dpi in the RGB mode with a white background.
 Now create a new layer and make a circle and fill it with F4F4F4 as shown
 Create another new layer and goto shapes make a shape like that and fill it with same color and press Ctrl+T to rotate it as shown
 Now lock both layers and press Ctrl+E to merge them and open blending options and set these settings
Now you have something like that
 Create a new layer and make a circle on it and fill it with 1295D7
 Open Blending options and apply these settings.
 Your image should look like this now make another circle on top on a new layer and fill it with white
 Open blending options of this layer and set these settings
your image should look like this
 Now make another Black circle on a new layer
 Open Blending options of this layer and set these settings
 Now change layer style to Softlight
 Now lock all layer and press Ctrl+E to Merge them then press Ctrl+J to duplicate it and press Ctrl+T to rotate it as shown
 Now place this duplicated layer behind the main layer and do it again on the left and bottom side.
And Your Silver Web Logo Is Ready…!!!